More Bad News for Mortgages

From the AP: "Shares of banks declined along with the broader markets Tuesday, as concerns flared again that higher Treasury note yields could cause the Federal Reserve to raise interest rates. Higher interest rates could make it more expensive for both individuals and business to borrow money, reducing activity from mortgages to corporate takeovers."

Ugh! The slump continues! The full article: http://www.forbes.com/feeds/ap/2007/06/12/ap3814142.html